Sovos Brands, Inc. (Nasdaq - SOVO)

Sovos Brands, Inc. (Nasdaq – SOVO)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Sovos Brands, Inc. (Nasdaq – SOVO)

BALA CYNWYD – August 8, 2023 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Sovos Brands, Inc. (“Sovos” or the “Company”) (Nasdaq – SOVO) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Campbell Soup Company (NYSE – CPB). Under the terms of the agreement, each share of Sovos common stock will be entitled to receive $23.00 per share in cash, representing a total enterprise value of approximately $2.7 billion.

The investigation concerns whether the Sovos Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Campbell Soup is paying fair value to shareholders of the Company.

If you own shares of Sovos stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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